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Climate-Controlled Flex Space
For Lease
$30 SF/Yr

1535 Delaware Avenue, Lexington, KY 40505

COMMERCIAL - Lexington, KY

Space Size1,280 SF
Lot Size0.44 Acres
Days on Market96

Property Features for 1535 Delaware Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning description I-1 Light Industrial
Subdivision Commercial
Directions Richmond Rd. outbound to a left on Fairwood Lane. Left on Henry Clay Blvd and follow until Delaware Avenue. Turn left and the property will be on your right.
Standard status Active
APN 41104600
Size 1,280 SF
Lot size 0.44 Acres

Amenities

climate-controlled HVAC with Smart Wi-Fi thermostats
custom LED lighting with dimmer capability
epoxy garage floors
second level mezzanine space with hardwood floors
kitchen inclusive of a wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker
finished half bathroom
220V outlets
wired for electric vehicle charging
advanced security measures including an 11' gate at the entrance with individual access codes
security system within the unit that allows guests to call to the unit and then be admitted at the push of a button
generator in case of a power outage

Building Details

Year built 2025
Listing Agency: Block + Lot Homes
Listed By: M Clay Angelucci · License #70400
Added: May 29 Changed: Aug 4 Last Checked: Sep 1 at 9:06AM
MLS# 26012228

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Haven is a 2025 flex-space development with units measuring 1,280 square feet and listed in under-construction condition. Each unit includes climate-controlled HVAC with Smart Wi-Fi thermostats, adjustable LED lighting, epoxy flooring, a finished half bathroom, 220V outlets, and wiring for electric vehicle charging. A second-level mezzanine adds hardwood flooring and a kitchen equipped with a wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker. Automatic 16-foot garage doors include upper transom windows for natural light while maintaining privacy.

Access is controlled through a gated entrance with an 11-foot gate and individual codes. Unit-level security allows visitors to request entry, and a generator provides backup power during an outage. Each unit includes two exterior parking spaces. The property is located on Delaware Avenue in Lexington, approximately three minutes from Richmond Road and nine minutes from Hamburg and I-75.

Key Highlights

  • 1,280‑square‑foot units with second‑level mezzanine space
  • 2025 development with climate‑controlled HVAC and Smart Wi‑Fi thermostats
  • Automatic 16' garage doors with transom windows

Property Analytics

Current Use

The Haven Storage Facility Red Draw Development Construction Company Cowgirl Attic/ Reclaimed ... Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$11.65 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,561 SF
Avg Space Size

This space is priced 158% above the average of $11.65 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mark Jensen Catering 120 Sherman Ave, Lexington, KY 40502
  • Entre Vous 1006 Delaware Ave, Lexington, KY 40505
  • Selma's Catering & Events 720 Henry Clay Blvd, Lexington, KY 40505
  • Bayleaf Diaspora Kitchen 962 Delaware Ave, Lexington, KY 40508
  • Vegan Nepal 962 Delaware Ave, Lexington, KY 40505

Frequently Asked Questions

What type of property is this?
Flex space - Private gated units combine workspace, mezzanine amenities, vehicle storage, and dedicated exterior parking.
Where is this flex space located?
The property is located at 1535 Delaware Avenue Lexington, KY.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 1,280‑square‑foot units with second‑level mezzanine space; 2025 development with climate‑controlled HVAC and Smart Wi‑Fi thermostats; Automatic 16' garage doors with transom windows
More about this property
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